Tootsie Roll Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tootsie Roll Industries has a total shareholder equity of $823.1M and total debt of $8.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are $1.1B and $261.3M respectively. Tootsie Roll Industries's EBIT is $117.3M making its interest coverage ratio -24.1. It has cash and short-term investments of $171.4M.
Key information
1.0%
Debt to equity ratio
US$8.59m
Debt
Interest coverage ratio | -24.1x |
Cash | US$171.42m |
Equity | US$823.11m |
Total liabilities | US$261.28m |
Total assets | US$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TROL.B's short term assets ($340.7M) exceed its short term liabilities ($94.9M).
Long Term Liabilities: TROL.B's short term assets ($340.7M) exceed its long term liabilities ($166.4M).
Debt to Equity History and Analysis
Debt Level: TROL.B has more cash than its total debt.
Reducing Debt: TROL.B's debt to equity ratio has reduced from 1% to 1% over the past 5 years.
Debt Coverage: TROL.B's debt is well covered by operating cash flow (1101.7%).
Interest Coverage: TROL.B earns more interest than it pays, so coverage of interest payments is not a concern.